Friday 28 May 2021

Tata Digital Buys Majority Stake in BigBasket for Rs. 9,500 Crores to Rival Amazon, Flipkart

Tata Digital, a unit of Tata Sons, has acquired a majority stake in online grocery seller BigBasket, putting the Indian conglomerate in a direct race with e-commerce players Amazon, Walmart's Flipkart, and Reliance.

source https://gadgets.ndtv.com/internet/news/tata-bigbasket-buy-acquire-deal-digital-sons-rs-9500-crores-alibaba-stake-buyout-amazon-flipkart-2451033#rss-gadgets-all

No comments:

Post a Comment